October 18, 2016 BY Valentina Kirilova

OzForex group’s OFX rolls out integration with cloud accounting software Xero

International payments provider OFX has announced the roll-out of its integration with Xero, the cloud accounting software for small businesses, in the UK and New Zealand. The integration makes overseas payments easier for Xero’s small business customers in the UK and New Zealand, who will be able to take advantage of quick international batch payments at competitive…

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October 18, 2016 BY Valentina Kirilova

HKEX Listing Committee censures former executive director of China Nonferrous Metals Company Ltd.

The Listing Committee of the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (GEM Listing Committee) has censured Mr Mei Ping, former executive director, chairman of the Board and compliance officer of China Nonferrous Metals Company Limited (Stock Code: 8306) at the material time for his breaches of: director's duties under Rules…

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October 18, 2016 BY Valentina Kirilova

ASIC remakes ‘sunsetting’ class order on rights issue notifications and repeals ‘sunsetting’ class order on money market deposits

ASIC has made a new legislative instrument to replace Class Order [CO 02/225] Rights issue notifications, which was due to expire (‘sunset’) on 1 April 2017. The new legislative instrument is ASIC Corporations (Renounceable Rights Issue Notifications) Instrument 2016/993. The instrument has substantially the same effect as [CO 02/225]. It provides relief from certain sections…

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October 18, 2016 BY LeapRate Staff

CFH Systems to buy out China JV Partner

FX trading applications provider CFH Systems has announced that it will acquire Capital Market Automation Provider Ltd.’s 49% stake in its China joint venture. in November 2015 with Capital Market Automation Provider, an MT4 hosting specialist, and has subsequently enhanced its infrastructure and local market knowledge. The organisation has an internet peering agreement with China Unicom,…

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October 18, 2016 BY Valentina Kirilova

Shenzhen Securities Information Co. Ltd. signed a cooperation agreement with Euronext Hong Kong

Shenzhen Securities Information Co., Ltd. has signed a cooperation agreement with Euronext Hong Kong Limited, both parties aim to carry out innovative cooperation in small and medium-sized technology enterprise investment and financing services and information service platform construction based on their own market and information business advantages. The signing ceremony was held in Shenzhen Stock…

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October 18, 2016 BY LeapRate Staff

Nidal Abdel Hadi joins Advanced Markets and Fortex as Managing Director MENA region

Former Swissquote Group Holding SA (SWX:SQN) Head of Institutional Sales Nidal Adbel Hadi has joined US-based Advanced Markets and Fortex as the companies' new Managing Director of Middle East and North Africa (MENA) operations and business development. Advanced Markets LLC is an institutional liquidity and prime of prime provider, while sister technology company Fortex Inc. has developed a leading ECN trading…

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October 18, 2016 BY Valentina Kirilova

Thomson Reuters launches FX Central Limit Order Book for greater freedom of Nigerian Financial Markets

Business information giant Thomson Reuters Corp (NYSE:TRI) has launched an FX Central Limit Order Book (CLOB) for the Nigerian market, a move that will enhance liquidity in the FX market and give the Central Bank of Nigeria (CBN) the tools to foster greater freedom in its financial markets. In launching the CLOB, Thomson Reuters worked closely…

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October 18, 2016 BY Valentina Kirilova

Deutsche Börse announces unscheduled adjustment in TecDAX

Deutsche Börse has announced an unscheduled change to TecDAX. As a result of the expected acquisition of AIXTRON SE by Grand Chip Investment GmbH, the AIXTRON SE current share class (ISIN DE000A0WMPJ6) in the index will be replaced with the tendered share class of AIXTRON SE (ISIN DE000A2BPYT0). These changes will become effective on 20…

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